Sophos walks home with Innovation in Technology prize at 2017 PLC Awards

Sophos has been recognized at the PLC Awards 2017 as the winner of the Innovation in Technology award. Sophos is the first company in the PLC award’s 32-year history to win this award in successive years. The award, which was announced at a city event on March 15, 2018, acknowledges Sophos’ continued focus on innovation in next-generation endpoint and network security to drive growth and market success, since its initial public listing in 2015.

The PLC Awards for 2017 were extended to offer recognition to all publicly quoted companies on the main market, from fledging indices through to FTSE 100, for their success and outstanding achievements throughout the year. Winners are selected by a panel of investment and financial services professionals from leading institutions in the UK.

“It is an honor to be the first company to win successive Innovation in Technology awards at this prestigious city event, and fantastic recognition for our mission to bring next-generation security technologies to market. Hackers are constantly evolving their attack methods and we must stay more than a step ahead in our product innovation,” commented Nick Bray, chief financial officer at Sophos. “It is our vision for synchronized network and endpoint security that differentiates Sophos in this highly competitive global market. Our commitment to the development of our products with new technologies such as deep learning will continue to drive our business success. We will continue to innovate and enhance the smart, scalable platforms we have today to better protect our customers against future attack.”

In January 2018, Sophos announced the latest version of Intercept X, its next-generation endpoint security solution driven by artificial intelligence and advanced deep learning. This technology makes Intercept X more effective than solutions with traditional machine learning capabilities, giving it the highest detection rates with the lowest false-positive rates in the market.

The PLC Awards has been held at The Grosvenor House for each of the past 32 years and is aimed at all quoted companies listed on the Main Market of the London Stock Exchange (LSE). The success of the awards has led to it being broadened out this year to include FTSE 100 companies as well as the FTSE 250, FTSE Small Cap and Fledgling indices. The main aim of the annual event is to give all Main Market publicly-quoted companies – of whatever size – the chance to be rewarded and recognised for their successes and achievements.

The event is sponsored by PwC, London Stock Exchange and numerous City broking and banking houses, hence the acronym ‘PLC’.


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